Company Background
Engineering roots and a partnership in asset valuation.
Origins and partnership
Mega Delta Appraisal (Mega Delta ERA) was formed with fully paid-up capital of EGP 1 million through the combined efforts of Mega Delta Engineering Consultancy, with a 60% shareholding, and Aqar Misr (ERA), with 40%. Its specialisation covers appraisal in general and real estate appraisal in particular.
From the earlier company profile
The earlier company profile named Eng. Khaled Ahmed Rasekh, Chairman of Aqar Misr, as company chairman, and Prof. Ahmed Ragaei Anis as the responsible executive director and authorised approver of land and building reports at the Central Bank of Egypt.
That profile also recorded the company's right to use ERA's American appraisal identity and system in Egypt, in addition to its accreditation as an appraisal firm with the Central Bank of Egypt.
It also recorded professional-risk insurance of USD 1 million through the ERA Middle East group.
Scope of work
Integrated property studies and asset-valuation services, starting with feasibility studies and appraisal, continuing through credit and project-progress monitoring, and extending to assessment of the total cost of real estate projects.
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